The Board Meeting
The Board of Directors was caught in a deadlock situation. A secessionist state, called Freedom's Charter by its hard-bitten inhabitants, had somehow spawned almost overnight the month before.
One of the more junior functionaries started, almost imperceptibly, as his implant pinged, information scrolling up his vision.
"We do have Marshall," offered the junior functionary. His voice was quiet, his tone a clear indicator of how well he knew the suggestion would be taken.
The meeting room was silent for a long moment. "Pardon?"
"The possibilities for collateral damage are not to be ignored," replied Societal Well-Being. A cold snap, like ice, had tinged her voice.
The junior functionary took the moment to step back into the shadows surrounding the conference room's table.
"I think you will find that, channeled correctly, Marshall makes a fine asset," came the whisper-quiet voice of the Director of Philosophies.
"And there's the problem," replied Societal Well-Being, not missing a beat.
She paused, letting that sink in. Sentry was the Societal Protectorate's direct national opposition, and a constant thorn in their side.
"What about his freedom?" offered Philosophies, shaking himself from the grim remembrance.
Communications shook his head. “He'd never believe it, and rightfully so. He hates us, everything we stand for.”
“I have,” replied Philosophies from across the table. “It was a...singularly fascinating experience.
“Perhaps,” answered Philosophies. “Perhaps he simply doesn't understand it. He is, after all, nothing more than a soldier, and an outdated one, at that.”
“Enough!” interrupted Societal Well-Being. She smacked her hand down on the table as she came to her feet, fire in her eyes.
“Well, what does he believe in?” asked Peace and Order, still smiling.
Peace and Order shrugged. “I still think that deploying Marshall is our best bet.
“Wait,” Technologies seemed to perk up. “He can't be traced to us?”
“The public can simply subpoena access to the information, Peace and Order.
“Indeed, it was!” laughed the Director of Peace and Order.
Societal Well-Being's eyes widened, and she sat up, uncrossing her arms. “No.”
“But we still use the Mk. 11S, don't we?” asked the Director of Communications. Peace and Order nodded.
“If you rewrote the programs,” said Societal Well-Being through gritted teeth.
Peace and Order held up a single hand. “Now, now, Societal Well-Being, lets not get overly-excited. Technologies and I aren't idiots. We didn't include those past failures in our records.
The Board nodded collectively. It was common practice, a tactic that kept the public safe, removing tainted concepts from the social consciousness.
The Board nodded collectively. It was common practice, a tactic that kept the public safe, removing tainted concepts from the social consciousness.
“How, exactly, are riots in the city going to help anything?” snarled Societal Well-Being. “Do you even understand the concept of the greater societal good?!”
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Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0